1. A state program for the physical preservation, in place, of property of lines of railroad, while service on such lines is discontinued, is hereby established to provide an alternative to actual abandonment.
2. The Department of Transportation shall determine whether a line of railroad is eligible for admission to the program. A rail line may be admitted if:
(a) The Surface Transportation Board has approved the line for abandonment or discontinuance of service or the Department of Transportation has determined that the line is potentially subject to abandonment;
(b) The owners, operators and users of the line, the Department of Transportation and all counties and cities affected have agreed to the admission of the line to the program; and
(c) The owners and operators of the line agree to suspend service on the line for 5 years without removing or disposing of any of the trackage or other operating rail properties of the line, as an alternative to abandonment, to permit consideration by interested parties of means of preventing the ultimate abandonment of the line.
3. At the end of 5 years the Department of Transportation may grant an extension, admitting the line of railroad to the program for not more than 5 additional years, if, in the judgment of the Director of the Department of Transportation:
(a) The line is still potentially subject to abandonment; and
(b) The extension will facilitate the restoration of service on the line.
4. The owner of a line of railroad which has been admitted to the program is entitled to an allowance for taxes on the trackage and other operating rail properties of the line admitted. The Department of Transportation shall provide to the Department of Taxation all information requested by the Department of Taxation to carry out the system of allowances for taxes on the operating property of lines admitted to the program.
(Added to NRS by 1979, 562; A 1997, 1631)
Structure Nevada Revised Statutes
Chapter 705 - Railroads and Monorails
NRS 705.005 - Effect of federal preemption.
NRS 705.030 - Contract reserving title or lien as security for full payment.
NRS 705.050 - Validity of contract for conditional sale.
NRS 705.120 - Duty of maintaining fences; liability for killing livestock.
NRS 705.140 - Penalty for allowing animal to stray on enclosed right-of-way.
NRS 705.160 - Settlement of claim within 90 days; action for recovery; assignment of claim.
NRS 705.180 - Employee to report killing or injuring of livestock.
NRS 705.210 - Employees’ hours of employment limited; penalties.
NRS 705.220 - Railroad police: Appointment; responsibility for actions; wearing of badge.
NRS 705.240 - Engineer required to be able to read timetables and ordinary handwriting; penalty.
NRS 705.250 - Intoxication and other violations of duties; penalties.
NRS 705.260 - "Common carrier" defined.
NRS 705.270 - Liability for injury to or death of employee.
NRS 705.300 - Question of causation for jury’s determination.
NRS 705.310 - Fact of injury or death presumptive evidence of want of care by employer.
NRS 705.330 - Survival of right of action.
NRS 705.340 - Limitation of actions.
NRS 705.360 - Headlights on locomotive; penalty.
NRS 705.415 - Requirements for certain railroads transporting freight; exception.
NRS 705.420 - Civil penalties.
NRS 705.421 - Department of Transportation to develop state plan for service by rail.
NRS 705.430 - Penalty for unlawful failure to ring bell or sound whistle at crossing; exceptions.
NRS 705.440 - Illegal rates and charges; penalty.
NRS 705.450 - Penalty for willful obstruction or delay of train.
NRS 705.460 - Penalty for unlawful obstruction or destruction of track, equipment or devices.
NRS 705.480 - Tampering with railroad property; penalty.
NRS 705.650 - "Monorail" defined.
NRS 705.660 - "Operator" defined.